Fine Organic Industries
Fine Organic Industries Ltd valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Fine Organic Industries Ltd, framed against the sector median so the premium or discount is obvious at a glance.
Fine Organic Industries Ltd trades at a P/E of 34.77× and P/B of 5.44×.
Valuation
Profitability
Growth
Financial Health
Fine Organic Industries Ltd financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Fine Organic Industries Ltd, switchable between annual and quarterly views, consolidated or standalone.
Fine Organic Industries Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹15,250.27 Cr and reported EPS of ₹136.07.
| Period | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 1,060 | 1,038 | 1,133 | 1,876 | 3,023 | 2,123 | 1,146 | 2,269 | 2,366 |
| Other Income | 20 | 20 | 17 | 33 | 64 | 72 | 46 | 98 | 117 |
| Total Income | 1,080 | 1,058 | 1,150 | 1,909 | 3,087 | 2,195 | 1,192 | 2,367 | 2,482 |
| Cost of Goods Sold (COGS) | 655 | 609 | 726 | 1,188 | 1,784 | 1,217 | 651 | 1,329 | 1,417 |
| Gross Profit | 405 | 429 | 407 | 688 | 1,239 | 906 | 494 | 941 | 949 |
| +Operating Expenses | 172 | 188 | 208 | 324 | 408 | 372 | 204 | 428 | 466 |
| EBITDA | 234 | 240 | 199 | 365 | 831 | 534 | 290 | 513 | 483 |
| +Non-Operating Expenses | 19 | 39 | 53 | 45 | 52 | 58 | 25 | 54 | 68 |
| Profit Before Tax (PBT) | 234 | 221 | 163 | 353 | 843 | 547 | 312 | 556 | 546 |
| +Tax Expense | 95 | 51 | 42 | 92 | 223 | 132 | 80 | 145 | 126 |
| Profit After Tax (PAT) | 136 | 165 | 120 | 260 | 618 | 412 | 231 | 410 | 417 |
| Earnings Per Share (EPS) | 44.43 | 53.74 | 39.24 | 84.67 | 201.60 | 134.34 | 75.24 | 133.89 | 136.03 |
| Diluted Shares Outstanding (Nos.) | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| +Additional Disclosures | 1,495 | 1,438 | 1,714 | 2,746 | 4,027 | 2,861 | 1,530 | 3,136 | 3,341 |
| Sales Growth % | — | -2.10 | 9.16 | 65.57 | 61.12 | -29.78 | -46.04 | 98.09 | 4.26 |
| YoY Sales Growth % | — | -2.10 | 9.16 | 65.57 | 61.12 | -29.78 | — | 6.89 | 4.26 |
| Material Cost % | 61 | 61 | 63 | 65 | 64 | 51 | 59 | 61 | 61 |
| Employee Cost % | 6 | 7 | 7 | 5 | 3 | 6 | 6 | 6 | 7 |
| Other Cost % | 10 | 11 | 11 | 13 | 10 | 12 | 12 | 13 | 13 |
| OPM % | 22 | 23 | 18 | 19 | 27 | 25 | 25 | 23 | 20 |
| Tax % | 40 | 23 | 26 | 26 | 26 | 24 | 26 | 26 | 23 |
| Profit Growth % | — | 20.95 | -26.98 | 115.81 | 138.00 | -33.36 | — | -0.34 | 1.60 |
| Gross Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Additional Fields | 216 | 206 | 152 | 325 | 783 | 478 | 266 | 461 | 427 |
Fine Organic Industries segment analysis: revenue and profit mix.
Disclosed business segments at Fine Organic Industries with their share of revenue and profit, switchable between consolidated and standalone reporting.
Fine Organic Industries discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
Fine Organic Industries Ltd investment thesis: bull case, bear case, and the flip lines.
Why someone would buy Fine Organic Industries Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Fine Organic Industries Ltd's investment case rests on 8 positive markers and 7 flagged concerns drawn from the latest reported filings.
What you're getting.
FINEORG demonstrates robust financial health with a Return on Equity (ROE) of 19.5% and an impressive Return on Capital Employed (ROCE) of 26.4%. This indicates efficient capital utilization and strong operational performance.
The company maintains a substantial 75% promoter holding, signaling strong insider confidence and commitment. This high stake can contribute to stable long-term strategic direction and reduced takeover risks.
FINEORG boasts a healthy operating profit margin (OPM) of 21.5%, showcasing its ability to effectively manage costs and sustain profitability. This is a key indicator of its financial resilience and operational efficiency.
With a debt-to-equity ratio of 0.00, the company operates with virtually no debt, providing significant financial flexibility and reducing interest burden. This strong balance sheet position enhances stability.
FINEORG's Price-to-Earnings (P/E) ratio of 33.60 is lower than the sector P/E of 38.72, suggesting a potentially attractive valuation compared to its industry peers and broader market.
What can break it.
Despite positive sales growth, the company's latest quarterly profit showed a slight decline of -1.19%. This trend needs close monitoring to ensure consistent and sustainable profitability in future periods.
Quarterly sales and net profits have shown significant volatility since 2022 peaks, with sales dropping from 919 Cr to 588 Cr and net profit from 203 Cr to 117 Cr, indicating inconsistent operational results.
Foreign Institutional Investors (FIIs) have shown a declining trend in their shareholding, dropping from 7.20% in June 2022 to 4.66% in March 2025, which could signal reduced foreign investor confidence.
The "Specialty Chemicals" sector is highly competitive, with peers like Pidilite Inds and Navin Fluor. Intense competition could pressure FINEORG's margins and market share, impacting future growth.
As a chemical manufacturer, FINEORG is susceptible to fluctuations in raw material prices. Significant increases could erode profit margins, impacting overall financial performance and stability.
What would change my mind.
Trim if P/E re-rates above 45. The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 3.06. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 12%. The operating engine is no longer compounding capital efficiently.
Fine Organic Industries Ltd peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Fine Organic Industries Ltd is highlighted for quick read-across.
Quick Compare
Peer Comparison
Fine Organic Industries Ltd technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Fine Organic Industries Ltd — derived from the live tape, not yesterday's close.
Fine Organic Industries Ltd last traded at ₹4,924 with an intraday range of ₹4,747.8–₹4,975.5 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹4924.00| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 5472.47 | +548.47 | +11.14% |
| R3 | 5244.77 | +320.77 | +6.51% |
| R2 | 5110.13 | +186.13 | +3.78% |
| R1 | 5017.07 | +93.07 | +1.89% |
| PIVOT | 4882.43 | -41.57 | -0.84% |
| CURRENT | 4924.00 | — | — |
| S1 | 4333.97 | -590.03 | -11.98% |
| S2 | 4561.67 | -362.33 | -7.36% |
| S3 | 4654.73 | -269.27 | -5.47% |
| S4 | 4789.37 | -134.63 | -2.73% |
FINEORG is trading Above CPR, indicating Bullishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: 4755.1 ~ 4850
Trading Above opening range, showing Bullishness
Fine Organic Industries Ltd delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Fine Organic Industries Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Fine Organic Industries Ltd stood at 48.7% of traded volume, against a 20-day average of 46.2%.
Fine Organic Industries announcements: results, concalls, ratings, M&A.
Filings Fine Organic Industries sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Fine Organic Industries files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 76 documents below.
Copy of Newspaper Publication
Fine Organic Industries Limited has informed the Exchange about Copy of Newspaper Publication regarding IEPF
Copy of Newspaper Publication
Fine Organic Industries Limited has informed the Exchange about Copy of Newspaper Publication for the financial results for the quarter and financial…
Analysts/Institutional Investor Meet/Con. Call Updates
Fine Organic Industries Limited has informed the Exchange about Schedule of meet
Action(s) taken or orders passed
Fine Organic Industries Limited has informed the Exchange about Action(s) taken or orders passed
Disclosure under SEBI Takeover Regulations
Mukesh Maganlal Shah, Jayen Ramesh Shah and Tushar Ramesh Shah has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to…
Investor decks & rating reports.
Investor Presentation
Investor Presentation
Investor Presentation
Investor Presentation
Investor Presentation
General Updates
Fine Organic Industries dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Fine Organic Industries has declared, sequenced by announce and record date.
Fine Organic Industries corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Fine Organic Industries Ltd: business, sector, key facts.
What Fine Organic Industries Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Fine Organic Industries Ltd operates in the Basic Materials, listed as NSE: FINEORG, BSE: 541557.
Fine Organic Industries Limited (FINEORG) is a prominent player in the oleochemical-based additives market, operating both domestically within India and internationally. Their core business revolves around the manufacture, processing, supply, distribution, import, and export of a diverse range of additives tailored for various industries.
A significant portion of FINEORG's business focuses on food additives. This segment includes a comprehensive portfolio of products such as emulsifiers, which help bind ingredients together in food products, antifungal agents to prevent spoilage, bread improvers to enhance texture and quality, beverage clouding agents for visual appeal, and other specialized blends formulated for specific applications. These products are essential components in a wide array of food items, contributing to their quality, texture, and shelf life.
Beyond the food industry, FINEORG caters to a variety of other sectors. They supply polymer additives for use in the plastics, rubber, and elastomer industries, enhancing the properties of these materials. Similarly, the company provides additives for cosmetic and pharmaceutical applications, contributing to the effectiveness and stability of these products. Their product range also extends to feed nutrition additives for animal feed, coating additives for various surfaces, and additives designed for other specialty applications across diverse industrial sectors.
In essence, FINEORG's business model centers around providing high-quality oleochemical-based additives that improve the performance and functionality of products across a wide array of industries. Their long-standing presence in the market, dating back to their founding in 1970, demonstrates their established position and expertise within this specialized sector. The company's diverse product portfolio and global reach underscore their commitment to serving the needs of a diverse clientele across different geographical locations and industrial segments.
Questions investors ask about Fine Organic Industries Ltd (FINEORG).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Fine Organic Industries Ltd (FINEORG)?
The current share price of Fine Organic Industries Ltd (FINEORG) is ₹4,924. Today, the stock has gained by ₹199.30 (4.22%), trading in a range of ₹4,747.8 to ₹4,975.5. The stock opened at ₹4,755.1 with a trading volume of 36,777 shares.
02Is Fine Organic Industries Ltd stock a good investment for long-term?
Fine Organic Industries Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹15,250.27 crores, P/E ratio of 34.77, ROE of 16.82%, and ROCE of 26.40%. The dividend yield stands at 0.23%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Fine Organic Industries Ltd stock?
The 52-week high price of Fine Organic Industries Ltd (FINEORG) is ₹5,494, while the 52-week low is ₹3,856. Currently trading at ₹4,924, the stock is 65.2% away from its 52-week low and 10.4% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Fine Organic Industries Ltd stock at the current price?
Whether to buy Fine Organic Industries Ltd stock at ₹4,924 depends on multiple factors. The stock is currently trading with a P/E ratio of 34.77 and P/B ratio of 5.44. Today's performance shows a gain of 4.22%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Fine Organic Industries Ltd and when is the next dividend?
Fine Organic Industries Ltd offers a dividend yield of 0.23%, which means for every ₹100 invested at the current price of ₹4,924, you can expect to receive approximately ₹0.23 annually as dividends. The face value of the stock is ₹5.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Fine Organic Industries Ltd?
Fine Organic Industries Ltd's key financial metrics include: P/E Ratio: 34.77, P/B Ratio: 5.44, ROE: 16.82%, ROCE: 26.40%, Dividend Yield: 0.23%, EPS: ₹136.07, Book Value: ₹869.06, and Debt-to-Equity: 2.56. The company's market cap stands at ₹15,250.27 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Fine Organic Industries Ltd stock performing today in the market?
Fine Organic Industries Ltd stock opened at ₹4,755.1 and is currently trading at ₹4,924, showing a gain of ₹199.30 (4.22%). The intraday high is ₹4,975.5 and low is ₹4,747.8. The trading volume stands at 36,777 shares, indicating moderate market participation today.
08What is the P/E ratio of Fine Organic Industries Ltd and what does it indicate?
Fine Organic Industries Ltd has a Price-to-Earnings (P/E) ratio of 34.77, which means investors are willing to pay ₹34.77 for every ₹1 of earnings. With an EPS of ₹136.07, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Fine Organic Industries Ltd (FINEORG) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
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